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Europe's biggest tobacco company eyes Russian market.
Europe's largest tobacco firm SEITA is showing considerable interest in the Russian market and is well informed about its status. According to a leading expert of the paris commodity exchange, Yve Moriton, the SEITA leadership has launched a comprehensive study into the possibility of acquisition of the international tobacco corporation British American Tobacco Russia. (BAT Russia).
Europe Stk Focus: Interest High in Spain's Tabacalera
The need for a euro-zone tobacco powerhouse could keep interest in Spain's Tabacalera SA (E.TAB) burning, analysts say.
Tabacalera last week saw its shares climb 8.0% - its steepest share price increase this year - on loose talk of a possible merger with French tobacco company Seita (F.STA).
JAPAN TOBACCO to Enter Eastern Europe With Germany's REEMTSMA
A Reemtsma plant in Poland started making cigarettes under two Japan Tobacco brand names in October. Japan's cigarette monopoly will expand its operation elsewhere in Eastern Europe if the venture is successful in Poland
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